Pokemon chooses Chiswick as its new headquarters in the UK

Marion Dakers
THE COMPANY behind the Pokemon gaming phenomenon has chosen Chiswick as its new UK base, it confirmed yesterday.

The Pokemon Company International will move its London offices westward to the Blackstone-owned Chiswick Park from its previous base in Fulham as part of a ten-year lease deal.

The gaming group plans to take almost 10,000 square feet of office space at a reported rate of £43 per square foot, with provision for a break after five years.

Chiswick Park has enjoyed a vacancy rate of less than one per cent since Blackstone bought the 1.8m square foot site for £480m in April 2011, it said yesterday.

Swarovski and Absolut Vodka agreed to shift their UK offices to the park in March, while oil services group Aker inked a deal for space in June.

Savills and CBRE acted for Blackstone on the contract, while Frost Meadowcroft acted for Pokemon.

“This move continues to highlight Chiswick Park as the destination office space for leading businesses from around the world, and the appeal of the park to a variety of different sectors,” said Johnny Bray, associate director at Savills.